Offshore
Subsea boost FMC
Offshore oilfield equipment specialist FMC Technologies saw its earnings soar in the third quarter on the back of record subsea sales and fluid-control revenues. FMC reported an income of $121.1 million in the three months to September on revenue...
2011-10-26 07:41:41
Regent plans cruiseship order
Regent Seven Seas Cruises of the US mulls cruiseship order at a European shipyard. The Florida-based operator’s president Mark Conroy told reporters at a Las Vegas conference that the company is in talks over a new ship. Delivery would be l...
2011-10-26 07:17:12
Technip pens Causeway subsea deal
Technip announced Valiant Petroleum has awarded a contract worth about €33 million for pipelines, subsea equipment and umbilicals for its Causeway field development to Technip. The lump sum contract covers engineering, procurement, installation ...
2011-10-25 07:24:14
COSCO finish FPSO conversion
China’s COSCO Shipyard has delivered a floating production, storage and offloading vessel to Japan’s Modec after a multi-million conversion. The Board of Directors of COSCO Corporation (Singapore) Limited announced that COSCO (Dalian) Shipyar...
2011-10-24 07:22:36
HMD inks LPG/Ammonia carrier
South Korea's Hyundai Mipo Dockyard won an order for one 35,000-cbm LPG/Ammonia carrier from KSS Line. KSS made a public statement on October 17 that it made a decision to invest KRW 56.97bn ($49.54m) in a new vessel for long-term charterage. D...
2011-10-24 06:50:49
STX awaits two more LNG newbuilds
Russia's SCF Group (formerly Sovcomflot) will decide next month whether to go ahead with a pair of LNG-newbuilding options at South Korea's STX Offshore & Shipbuilding. The owner is said to be working with possible charterers on the 170,200-cbm L...
2011-10-21 08:02:12
Eni eyes LNG plant
Eni says it plans to build its own liquefied natural gas terminal in Mozambique after the Italian player made its biggest ever gas find. “We have the means to go it alone”, chief executive Paolo Scaroni told reporters in a conference call on ...
2011-10-21 07:43:34
Offshore Wind Initiative
Offshore wind power is forecast to be a front-runner in renewable energy industries. Arthur D. Little Korea analyzed, "South Korea is likely to lead a worldwide offshore wind power market with high-end shipbuilding technical skills, even though i...
2011-10-21 06:59:58
Kawasaki into tidal power
Kawasaki Heavy Industries of Japan revealed on 19 October that it commenced development of tidal power generation system. Kawasaki targets to create the tidal power system with high efficiency and market competitiveness, making use of its existing of...
2011-10-20 12:18:23
MMHE wins offshore platforms
Malaysia Marine & Heavy Engineering won a RM 236 million ($75.7 million) contract for work on the ExxonMobil-operated Telok Gas Development. Investment bank Kenanga said in a research report that the deal would increase MMHE’s current order boo...
2011-10-20 07:37:42
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